Shares of Consol Energy Rank the Highest in Terms of Debt to EBITDA Ratio in the Coal & Consumable Fuels Industry (CNX, BTU, WLB, HNRG, AHGP)
Below are the three companies in the Coal & Consumable Fuels industry with the highest debt to EBITDA ratios. This ratio indicates how many years of EBITDA would be necessary in order to pay back all the debt (assuming Debt and EBITDA are constant). Typically, this ratio is considered to be alarming when it is greater than 3.0 but this can vary and should be looked at within the context of the industry.
Consol Energy ranks highest with a a debt to EBITDA ratio of 28.0. Following is Peabody Energy with a a debt to EBITDA ratio of 9.2. Westmoreland Coal ranks third highest with a a debt to EBITDA ratio of 7.9.
Hallador Energy Company follows with a a debt to EBITDA ratio of 2.6, and Alliance Holdings rounds out the top five with a a debt to EBITDA ratio of 1.2.
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Keywords: highest debt to ebitda ratio consol energy Peabody Energy amex:wlb westmoreland coal hallador energy company alliance holdings